Total Members: 159,193

Roofarmer

  • Roofarmer replied to the topic Perth Pricing just Stupid! in the forum Help Needed! 18 years, 9 months ago

    I Still think Warnbro area has a lot more growth in it. Bought a 4 bed house there in 2002 on 725 m2 , 800m from the beach, and 800m from the new train station (due to complete in December 2006 or early 2007) for $153,000. Now worth approximately $270,000 but I think over $300,000 is possible within 12 months.

    Warnbro/Waikiki beach is regularly…[Read more]

  • Roofarmer replied to the topic Property Development Crse – Brisbane 10 Dec in the forum No Subject 19 years ago

    I still haven’t heard from anyone on whether they would like to come or not. Would anybody who is interested please email me at:

    [email protected]

    Should be a good course and at $660 for the whole day including lunch it is a relative bargain!

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Property Development Course Bris. 10 Dec in the forum Heads Up! 19 years ago

    I still haven’t heard from anyone on whether they would like to come or not. Would anybody who is interested please email me at:

    [email protected]

    Should be a good course and at $660 for the whole day including lunch it is a relative bargain!

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Property Development Course Bris. 10 Dec in the forum Heads Up! 19 years ago

    Hi Roberts,

    I’ll check my personal email tonight. If you haven’t contacted me send me an email to:

    [email protected]

    Cheers

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Property Development Course Bris. 10 Dec in the forum Heads Up! 19 years ago

    Hi Roberts,

    Just hit the PM button at the bottom of the message. Alternatively you can email me at [email protected].

    Cheers

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Property Development Crse – Brisbane 10 Dec in the forum Value Adding 19 years ago

    Just to avoid any confusion – I am not a promoter of the seminar, I’m just looking for somebody to attend with me so the ticket price comes down from $880 to $660 and we both benefit from what should be a good seminar on devekloping property.

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Property Development Course Bris. 10 Dec in the forum Heads Up! 19 years ago

    Just to avoid any confusion – I am not a promoter of the seminar, I’m just looking for somebody to attend with me so the ticket price comes down from $880 to $660 and we both benefit from what should be a good seminar on devekloping property.

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Property to the Max Seminar – worth it?? in the forum General Property 19 years ago

    Still no replies. Has nyone been to this seminar before??

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Sorry forgot to include stamp duty in loan and the growth in equity would be $2.12M every 7-10.

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • I would take $200,000 and whack it into the stock recommendations from “Conscious Investor” Software. I would then use the the remaining $800,000 as deposits on real estate within 10km from CBD of Sydney, Melbourne, Perth, and Brissie – 1 property each city:

    1. Sydney – Newtown/Enmore/Leichardt area. $650K 3 bed house @ $420/wk rent. $200K…[Read more]

  • Roofarmer replied to the topic Perth – where to invest? in the forum Help Needed! 19 years ago

    I like Warnbro, Waikiki and Rockingham. Regularly voted one of the best beaches in Australia and the train line going in is going to help immensely. Has gone up but will still show plenty of capital growth.

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Investing in Mining Towns in the forum Help Needed! 19 years, 1 month ago

    I used to live in Mt Isa and my brother sold up a few years ago.

    The thing that scares me about “the Isa” is that you are relying on the price of copper on the world market (which is high today but could be low in 2-5 years time). I would rather be in control of my destiny rather than at the whim of the mining industry.

    You should be looking at…[Read more]

  • Roofarmer replied to the topic Loan Repayment software? Or formula? in the forum Finance 19 years, 1 month ago

    When you open Excel there is a right column showing previous documents. Below that is a section “New from Template”. Choose the “Loan Amortization” one and this should solve your problem.

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic What would you do? in the forum Help Needed! 19 years, 1 month ago

    Long story – but basically lent more than what it was worth currently for client to carry out renovations. The guy he got in shot through and he basically stuck his head in the sand and never paid me a dime.

    I’ve learned a very valuable lesson!

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic What would you do with $250K?? in the forum Help Needed! 19 years, 1 month ago

    Hi Chevy,

    Decide whether:

    A. You want to invest for growth -or-
    B. You want to invest for income.

    If you choose A. you would be looking at buying houses (land appreciates) in metropolitan areas ideally within 10km of the CBD. Also you would want to split your money and buy many houses so this option would likely rule out Melbourne and Sydney as…[Read more]

  • Roofarmer replied to the topic What would you do? in the forum Help Needed! 19 years, 1 month ago

    Hi Grossrelaisation,

    Thanks for your suggestion. The house is currently only worth $60K as is and $90K with sub-division with $10,000 in costs to sub-divide.

    I would be interested in how to put a cheap house on the site. I will PM you.

    Cheers

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic WA advice please in the forum Help Needed! 19 years, 1 month ago

    You can’t go past Warnbro for value for money and growth potential:

    1. New train station (35 minutes to Perth) being built December 2006
    2. One of the most beautiful beaches in Australia at Waikiki and Warnbro sound.

    I bought there in 2002 – 4 bed on 725 sqm for $153,000 – now valued at $260,000 and only 10 years old.

    “Most people operate under…[Read more]

  • Roofarmer replied to the topic What would you do? in the forum Help Needed! 19 years, 1 month ago

    Any other suggestions would be welcomed too!

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Warnbro set to Boom? in the forum General Property 20 years ago

    Did you mean Coolbellup in Fremantle?

    “Most people operate under a false ceiling which is 3 feet high” Stuart G Goldsmith

  • Roofarmer replied to the topic Warnbro set to Boom? in the forum General Property 20 years ago

    Hi Derek,

    I tend to disagree as I still think the whole area is still achieving growth rates which most would consider a boom. I remember reading an extract from the paper over in Perth showing Warnbro 3 bedroom medium growth of around 28% for last year!

    My mum and dad and my sister have just moved over to the west and my sister is set to buy in…[Read more]

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